MS SB2705

Establishes a strong presumption that "lodestar" attorney fees (hours multiplied by reasonable hourly rate) are sufficient in court-awarded fee cases, overcomable only in rare circumstances where competent counsel could not otherwise be retained

Creates a 90-day safe harbor for liability insurers in bad faith claims: insurers who tender policy limits or the claimant's demanded amount within 90 days of receiving a documented claim cannot face bad faith lawsuits

Limits recoverable medical damages in personal injury cases to amounts actually paid or owed, with caps based on insurance reimbursement rates or 120% of Medicare rates for uninsured claimants, and requires disclosure of letters of protection and factoring company arrangements

Provides multifamily residential property owners (5+ units) a presumption against liability for third-party criminal acts if they implement specified security measures including cameras, lighting, deadbolts, and employee safety training by January 1, 2027

Bars negligence recovery for property damage claims (not personal injury or death) when the claimant is more than 50% at fault, and sets a 2-year statute of limitations for negligence actions with discovery rule for latent injuries